PACCAR Inc. (PCAR) Declares $0.33 Dividend Amid Strong Financials

In this article, we will be taking a look at the 13 Best Manufacturing Stocks to Buy Right Now. PACCAR Inc. is one of them.

PACCAR Inc. (NASDAQ:PCAR) is making significant strides in digital transformation and autonomous vehicle technologies, aiming to enhance fleet efficiency, predictive maintenance, and customer support. In September 2025, the company highlighted partnerships and investments in AI, connectivity, and data systems as key drivers of long-term growth amid fluctuations in traditional truck demand. The stock stands thirteenth on our list among the best manufacturing stocks. 

Alongside its technology push, the firm declared a quarterly cash dividend of $0.33 per share, reflecting strong financial health and ongoing shareholder returns. The company also rolled out new infotainment and connectivity features for Peterbilt trucks, including wireless Apple CarPlay, embedded navigation, and upgraded in-cab systems to improve driver experience and operational efficiency.

Product innovation continues with advanced battery-electric vehicles, including the Kenworth T680E and T880E equipped with the proprietary PACCAR ePowertrain, as well as CARB-compliant MX-13 engines designed to meet California’s strict emissions standards. Strategic investments are further supporting the ramp-up of DAF electric truck production and the expansion of testing and manufacturing facilities.

Looking ahead, PACCAR Inc. (NASDAQ:PCAR) plans up to $800 million in capital expenditures for 2025 to address regulatory requirements and increase vocational truck capacity. Leadership changes scheduled for January 2026 are expected to strengthen the corporation’s innovation agenda and guide its growth strategy, positioning the business at the forefront of sustainable and technology-driven trucking solutions.

While we acknowledge the potential of PCAR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.